Section

RBI's Michael Patra on what'll largely finance India's investment needs in coming decades

By Economic Times - 3 months ago
RBI Deputy Governor Michael Debabrata Patra said domestic saving will continue to largely finance India's investment needs. While household financial savings dipped during the pandemic, they are on the rise again. The corporate sector's net borrowing may increase, with household and external resources meeting financing requirements.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.